← WATSCO INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $4.2b | $4.3b | $4.5b | $4.8b | $5.1b | $6.3b | $7.3b | $7.3b | $7.6b | $7.2b | |
| Cost of Revenue | $3.2b | $3.3b | $3.4b | $3.6b | $3.8b | $4.6b | $5.2b | $5.3b | $5.6b | $5.2b | |
| Gross Profit | $1.0b | $1.1b | $1.1b | $1.2b | $1.2b | $1.7b | $2.0b | $2.0b | $2.0b | $2.0b | |
| Operating Income (Loss) | $345.6m | $353.9m | $372.1m | $366.9m | $401.0m | $628.5m | $831.6m | $794.8m | $781.8m | $720.3m | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $5.2m | $5.3m | $5.3m | $5.7m | $5.9m | $5.6m | $4.7m | $4.3m | $5.4m | $5.3m | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | — | — | — | — | — | $725.6m | $682.1m | |
| Income (Loss) from Equity Method Investments | — | $3.9m | $9.3m | $10.3m | $11.3m | $19.3m | $22.7m | $26.2m | $30.5m | $27.8m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $341.9m | $347.5m | $369.3m | $362.9m | $399.8m | $627.5m | $829.4m | $789.9m | $802.6m | $737.7m | |
| Net Income (Loss) Attributable to Parent | $182.8m | $208.2m | $242.9m | $245.9m | $269.6m | $418.9m | $601.2m | $536.3m | $536.3m | $497.0m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $168.0m | $190.8m | $223.1m | $225.5m | $246.4m | $381.7m | $601.2m | $536.3m | $536.3m | $464.2m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $53.2m | $49.1m | $53.6m | $49.8m | $53.6m | $79.8m | $102.5m | $97.8m | $99.5m | $90.6m | |
| Earnings Per Share, Basic | $5.16 | $5.81 | $6.50 | $6.51 | $7.03 | $10.83 | $15.46 | $13.72 | $13.34 | $12.27 | |
| Earnings Per Share, Diluted | $5.15 | $5.81 | $6.49 | $6.50 | $7.01 | $10.78 | $15.41 | $13.67 | $13.30 | $12.25 | |
| Common Stock, Dividends, Per Share, Declared | $3.60 | $4.60 | $5.60 | $6.40 | $6.92 | $7.62 | $8.55 | $9.80 | $10.55 | $11.70 | |
| Weighted Average Number of Shares Outstanding, Basic | 32.6m | 32.8m | 34.3m | 34.6m | 35.1m | 35.2m | — | — | — | 37.8m | |
| Weighted Average Number of Shares Outstanding, Diluted | 32.6m | 32.9m | 34.4m | 34.7m | 35.2m | 35.4m | — | — | — | 37.9m | |
| Selling, General and Administrative Expense | $689.0m | $715.7m | $757.5m | $800.3m | $833.1m | $1.1b | $1.2b | $1.2b | $1.3b | $1.3b | |
| Current Income Tax Expense (Benefit) | $103.2m | $101.0m | $64.5m | $65.8m | $76.6m | $122.9m | $112.3m | $162.9m | $166.7m | $131.7m | |
| Income Tax Expense (Benefit) | $105.9m | $90.2m | $72.8m | $67.1m | $76.6m | $128.8m | $125.7m | $155.8m | $166.9m | $150.1m | |
| Interest Income (Expense), Net | ($3.7m) | ($6.4m) | ($2.7m) | ($4.0m) | ($1.2m) | ($996k) | ($2.2m) | ($4.9m) | $20.9m | $17.3m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.